School starts in August and with it come all of the shopping trips – new school clothes, school supplies, new computers, and a host of other things. Imagine a world where for just a few days there was no sales tax. Think about how much money you could save. Well, you are getting your wish!… Read More

Sound fiscal management and a strong economy have resulted in a state budget surplus of almost $400 million for the State of Wisconsin. Governor Walker and the State Legislature have determined that some of the surplus should be returned to the taxpayers in the form of a Child Sales Tax Rebate. It is a $100… Read More

Tax season is always a busy time for scammers trying to gain access to sensitive information, but this year attacks are coming earlier and in greater numbers than usual. The uptick has caused the IRS to release an urgent alert warning employers to be on the lookout for what they’re referring to as “one of… Read More

copied from the website: IR-2018-01, Jan. 04, 2018 WASHINGTON ― The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. The IRS will begin accepting tax returns on Jan. 29, with nearly… Read More

This is the question that all Americans are asking right now, and to be honest we don’t know for sure. However, there are some things that you can do to protect yourselves in 2018. Personal Exemptions We are quite confident that the personal exemptions will be going up. While this is a good thing, it… Read More

The IRS has released Revenue Procedure 2016-55 <>, which provides annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules and other tax changes. The tax items for tax year 2017 of greatest interest to most taxpayers include: *   The standard deduction for married filing jointly rises to $12,700 for tax… Read More

Important FAFSA news for parents with current or prospective college students: The Free Application for Federal Student Aid (known also as FAFSA) is the method of application for student financial aid. This is a free application. Future and prospective college students must complete a yearly FAFSA to determine a student’s eligibility for student financial aid.… Read More